2515 Commerce StMarble Falls, TX 78654

For Sale
$849,900

Prime Storefront, Long-Term Lease

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional Marble Falls, Texas retail property presents a compelling investment opportunity. The 9,840-square-foot storefront, situated on a 1.75-acre lot at 2515 Commerce St, 78654, is currently under a triple-net (NNN) lease. The single tenant has occupied the building since 2002, demonstrating a strong history of consistent occupancy and payments. The current five-year lease commenced November 1, 2022, and expires November 1, 2027, leaving approximately 2.9 years remaining. The lease includes two five-year renewal options, each with an approximate 5% rent increase. The asking price is $849,900, translating to $86.37 per square foot. The property's attractive features extend beyond the building itself

Highlights

  • 9,840 SF retail building on a 1.75-acre lot in Marble Falls, TX.
  • NNN lease with a single tenant since 2002.
  • Current 5-year lease expires November 1, 2027, with two 5-year renewal options at a 5% rent increase each.
  • Asking price: $849,900 ($86.37/SF).

Property Details for 2515 Commerce St

Property type
Other retail properties, Individual retail properties
Square Feet
9,840 SF
Lot Size (sq. ft)
76,361 SF

Location Insight

City
Marble Falls
County
Burnet
State
Texas
Latitude
30.5960311
Longitude
-98.2686061
2515 Commerce St, Marble Falls, Texas

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2515 Commerce St
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